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Soroti City Emyooga beneficiaries trained in enterprise management
SOROTI CITY, February 12, 2025 – Leaders and other beneficiaries of the Emyooga Savings and Credit Cooperative Organisations [SACCOs] in Soroti City recently completed training in enterprise management, aimed at ensuring the…
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UDB bosses quizzed over loan distribution
KAMPALA, February 11, 2025 –– Members of Parliament on the Committee of National Economy are concerned about distribution of the Uganda Development Bank [UDB] financing as the government seeks loans totalling US$…
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Columbia cooperative given US$ 500mln for clean energy projects
COLUMBIA, January 30, 2025 – The power supplier for South Carolina’s 19 electric cooperatives has secured US$ 500 million in federal support for several clean energy projects needed to meet the Palmetto State’s…
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YLP: Over Shs 500mln unrecovered in Masindi Municipality
MASINDI, January 28, 2025 – Authorities in Masindi Municipality are still grappling with the recovery of Shs 534 million that was disbursed under the Youth Livelihood Programme [ YLP ], a government…
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Bank of Uganda issues MDI licence to EBO SACCO
KAMPALA, January 28, 2025 – The Bank of Uganda [BoU] has granted a licence to EBO Cooperative Savings and Credit Society Limited, located in Bwizibwera Rutooma Town Council, Mbarara district. This licence…
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Museveni to set up boda boda loan schemes
IGANGA, January 25, 2025 – President Yoweri Museveni plans to set up loan schemes for boda boda riders in Uganda, with an intent of saving them from exploitation by private companies giving…
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PWDs in Greater Masaka decry limited access to gov’t economic empowerment initiatives
MASAKA, January 22, 2025 – At least 386 members of the Association of Persons with Disabilities Living with HIV/AIDS [ADPHA] in the Greater Masaka districts have raised concerns about their limited access…
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SACCOs urged to guard against loan defaulters as they seek expanding
SHEEMA, January 18, 2025 – – Savings and Credit Cooperative Societies [SACCOs] in Uganda are facing the growing challenge of loan defaults, according to Herbert Ahimbisibwe, the General Manager of Shuuku Credit…
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Dokolo Emyooga SACCOs assured of additional seed capital
DOKOLO, January 17, 2025 – – The Microfinance Support Centre [MSC] has assured members of Emyooga SACCOs in Dokolo District of an additional Shs 20 million in seed capital provided by the…
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Banks issued Shs 1.5trn in loans ahead of festive season
KAMPALA, 4 January 2025 – The Government has reported that commercial banks in Uganda extended loans amounting to at least Shs 1.5 trillion to various clients in the lead-up to the Christmas…
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